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Loblaw and Weston Settle Bread Price-Fixing Case
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Loblaw and Weston Settle Bread Price-Fixing Case

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Loblaw Companies (TSE:L) has released an update.

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George Weston Limited and Loblaw Companies Limited have agreed to a $500 million settlement for their involvement in an industry-wide bread price-fixing scandal. The settlement includes a cash payment and credits acknowledged from a previous compensation program. The companies have apologized, cooperated with authorities since the discovery, and implemented enhanced compliance measures.

For further insights into TSE:L stock, check out TipRanks’ Stock Analysis page.

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